Brintons Carpets Asia Pvt. Ltd., Pune V. Joint Commissioner of Income-tax, Circle - 1(1), Pune

ITA 1452/PUN/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 2449 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 5 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 01-12-2020
• Assessment Year: 2012-2013
• Appeal Filed On: 09-06-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Transfer pricing

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH C, PUNE VIRTUAL COURT BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER ITA NO.1452/PUN/2017 / ASSESSMENT YEAR : 2012-13 BRINTONS CARPETS ASIA PVT. LTD., GAT NOS. 414, 415, 416, VILLAGE URAWADE, TAL. MULSHI, DIST. PUNE 412 115 PAN : AAACB7059H VS. JCIT, CIRCLE-1(1), PUNE APPELLANT RESPONDENT / ORDER THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER DA TED 03-03-2017 PASSED BY THE COMMISSIONER OF INCOME-TAX (AP PEALS)- 13, PUNE IN RELATION TO THE ASSESSMENT YEAR 2012-13. 2. BEFORE US, ASSESSEE HAS FILED A LETTER DATED NIL SEEKING WITHDRAWAL OF THE APPEAL. THE RELEVANT CONTENTS OF SUCH LETTER READ AS UNDER : THE APPELLANT COMPANY WANTS TO WITHDRAW THE ABOVE REFERRED APPEAL CONSIDERING THE FACT THAT THE APPELLANT HAS RECEIVED THE EFFECT GIVING ORDER U/S.250 OF THE INCOME TAX ACT, 1961 AL LOWING ENTIRE RELIEF TO THE AMOUNT OF ADDITION MADE BY THE LEARNE D TRANSFER PRICING OFFICER FOR THE YEAR UNDER CONSIDERATION. CONSIDER ING THIS THE APPELLANT WANTS TO WITHDRAW THE PRESENT APPEAL. ASSESSEE BY SHRI NIKHIL PATHAK REVENUE BY SHRI A.M. KRISHNAN MAHADEVAN DATE OF HEARING 01-12-2020 DATE OF PRONOUNCEMENT 01-12-2020 ITA NO.1452/PUN/2017 BRINTONS CARPETS ASIA PVT. LTD., 2 3. THE LD. DR DID NOT RAISE ANY OBJECTION TO THE WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE. AS SUCH, THE ASSESSEE IS PERMITTED TO WITHDRAW THE APPEAL. 4. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 01 ST DECEMBER, 2020. SD/ - SD/ - (S.S.VISWANETHRA RAVI) (R.S.SYAL) JUDICIAL MEMBER VICE PRESIDENT PUNE; DATED : 01 ST DECEMBER, 2020 / COPY OF THE ORDER IS FORWARDED TO : 1. / THE APPELLANT; 2. / THE RESPONDENT; 3. ( ) / THE CIT (APPEALS)-13, PUNE 4. THE PR.CIT-5, PUNE 5. , , / DR C, ITAT, PUNE; 6. / GUARD FILE. // TRUE COPY // / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE ITA NO.1452/PUN/2017 BRINTONS CARPETS ASIA PVT. LTD., 3 DATE 1. DRAFT DICTATED ON 01-12-2020 SR.PS 2. DRAFT PLACED BEFORE AUTHOR 01-12-2020 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. JM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. DATE OF UPLOADING ORDER SR.PS 8. FILE SENT TO THE BENCH CLERK SR.PS 9. DATE ON WHICH FILE GOES TO THE HEAD CLERK 10. DATE ON WHICH FILE GOES TO THE A.R. 11. DATE OF DISPATCH OF ORDER. *